The Cheapest Full Coverage Auto Insurance

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Full coverage is a type of auto insurance that covers your expenses and the expenses of all parties involved in an accident up to your policy’s maximum. Some full coverage plans may also include coverage for events unrelated to accidents, like weather or theft. Due to this extra protection, full coverage auto insurance policies are usually more expensive than liability only.

Full coverage has the minimum car insurance coverage required by law in most states, liability coverage, plus comprehensive and collision coverage. A plan with full coverage may also have additional optional coverage options. Keep reading to learn more about full coverage, how much it costs, and how to get the cheapest full coverage insurance.

What Is Full Coverage Car Insurance?

Full coverage car insurance is one of two types of coverage you may add to your car insurance policy. While your other option, liability coverage, does not cover much, full coverage includes liability, comprehensive, and collision coverages. These will cover the damages and medical expenses for you and the other party involved in an accident, as well as any passengers you have in your vehicle.

A policy with full coverage may also include personal injury protection (PIP), Medical Payments (MedPay), and uninsured/underinsured motorist coverage. 

Liability Coverage

Liability coverage provides coverage for other parties involved in an accident where you are deemed at fault. Suppose another person is injured or their vehicle is damaged because of an accident that is your fault. In that case, your liability coverage will kick in to cover those expenses up to your policy’s maximum once you meet your deductible

Liability coverage is often the minimum amount of coverage required by law in states where you must legally have car insurance. However, it is always a good idea to have more car insurance coverage than the legal minimum. In the event of an accident where you will be responsible for covering damage expenses, whatever your car insurance doesn’t cover will have to come out of your own pocket.

Comprehensive Coverage

Comprehensive coverage is unique to a policy with full coverage. This type of coverage helps to pay non-accident-related damages, such as damage from weather, theft, or random events like a golf ball through the windshield.

Collision Coverage

Collision coverage is the most prominent facet of full coverage car insurance and often the most expensive coverage on your policy. It is essentially the other half of liability coverage or the facet of your policy that helps cover your expenses when you are in an accident – whether the cause of the accident is your fault or not. Collision coverage will also help cover your expenses if you crash your car into a tree, mailbox, etc.

Collision coverage is almost always required if you lease or finance your vehicle.

Personal Injury Protection (PIP)

PIP is a no-fault coverage that helps to pay the medical expenses, lost wages, and essential medical services for you and your passenger(s) involved in a car accident up to your policy maximum, regardless of who is deemed at fault. PIP is required in some states, optional in others, and does not exist in a few states. 

PIP is the most popular in states with no-fault insurance, meaning drivers always resort to their own insurance in the event of an accident, regardless of who is at fault. PIP will be one of the pricier coverages on your policy.

Medical Payments (MedPay)

MedPay is a no-fault coverage similar to PIP but not as expansive. MedPay will help to cover surgery, treatment, and hospital stays, but it will not cover more far-reaching expenses, like lost wages. 

MedPay is available in some states but not in others. If you have PIP, it may not be necessary to have MedPay. For policyholders who have PIP, in the event of a claim, your PIP would kick in first then, once you reach your policy maximum for your PIP coverage, your MedPay would kick in.

Uninsured/Underinsured Motorist Coverage

Uninsured and underinsured motorist coverage kicks in if you are in an accident with someone who is deemed at fault but does not have sufficient liability insurance to cover your damages or medical expenses. Both are required in some states, some states may only require uninsured coverage, and some states don’t require either. 

There are other facets to full coverage car insurance, but these are the most common components of the average full coverage auto insurance policy. Currently, as of 2022, no laws require drivers to have full coverage car insurance. However, if you are leasing or financing a car, your lender will probably require you to have a full coverage car insurance policy.

The Best Full Coverage Auto Insurance

The best full coverage auto insurance will be a policy that meets your needs without being too expensive to pay your premiums. With all the coverage options you can get on a full coverage car insurance policy, it may be tough to decide exactly what coverage works best for you since you don’t want too much, but you also don’t want too little.

A good rule of thumb is to be over-insured rather than under-insured, and you always want to make sure you are at least meeting your state’s legally required minimum. 

Some of the best full coverage car insurance providers are Progressive, State Farm, and Geico. These providers offer great full coverage policies that include liability, comprehensive, and collision coverage without being too expensive. Each of these providers also offers discounts for being a good student, being a safe driver, having multiple cars on one policy, and more.

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How Much Is Full Coverage Insurance?

On average, full coverage insurance for adults with years of driving experience is about $1,500 annually. Car insurance providers use many factors to determine premiums, such as age, gender, driving history, where you live, and more. When you are a new driver, some of these factors are weighed more heavily when your provider determines your premiums than when you’ve had some driving experience.

The average cost of full coverage car insurance is almost double that of liability coverage, but with your extra investment, you are getting much more out of your insurance. 

The Cheapest Full Coverage Auto Insurance

The cheapest full coverage car insurance, as of 2022, is a full coverage policy with State Farm. State Farm offers low rates from the get-go, and they offer several great discounts you can apply to your premiums. 

Cheap full coverage car insurance is not a myth; you just have to shop online to find providers with low rates and several discounts you can apply to your premiums.

Many providers, like State Farm and its competitors, offer discounts for full-time students who earn at least a 3.0 GPA, drivers who make safe choices on the road, and families who have multiple cars on one policy or multiple policies with the same provider. Some providers’ discounts may lower your premiums by 50% when stacked. 

Getting a Full Coverage Insurance Quote

When looking for the best or cheapest full coverage auto insurance, it is crucial to shop online for quotes to maximize your coverage and savings. Here at Clovered, you can submit your information to receive a quote with our free quoting tool. You can also give us a call at 833-255-4117 or send us an email at if you have any questions regarding full coverage car insurance.

Ready to Save Money on Auto Insurance?

Rethink your auto insurance premium with a free quote from the nation's top companies.

The editorial content on Clovered’s website is meant to be informational material and should not be considered legal advice.

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